Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
Buyback Of Shares Resolution Format In Allegheny
State:
Multi-State
County:
Allegheny
Control #:
US-0034-CR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Resolutions of the board of directors authorizing and approving a reporting company's stock repurchase program. These resolutions are drafted as standard clauses and should be inserted into board minutes or a form of unanimous written consent.
An ordinary resolution will normally suffice, unless the articles require a higher majority, and the company may implement the share buyback at any time after the shareholder resolution approving the buyback contract is passed.